Xi Jinping
Xi Jinping makes a public pledge of allegiance to the Constitution at the Great Hall of the People in Beijing on March 10, 2023.
  • China's economy is stumbling, but financial markets don't indicate that it will lead to a systemic crisis.
  • That's according to Louis-Vincent Gave, CEO of Hong Kong-based financial services company Gavekal.
  • "The curious thing, though, is that such doom and gloom is not reflected in what the market is signaling."

China's economic turmoil has raised fears of a global crisis similar to the 2008 financial crash, but several market indicators suggest otherwise, veteran financial analyst Louis-Vincent Gave said.